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Business

Musk wants to merge SpaceX and Tesla: Here's what to know

Elon Musk said this week that SpaceX and Tesla have formed special committees to study a merger of his two biggest companies.

Business

Shares in this data center company are down 40% as investors lose faith in the AI story

For two decades, data centers were relatively safe, lucrative real estate investments. They attracted investors because they served as digital infrastructure—the essential plumbing that keeps the internet running.

Business

A SpaceX–Tesla megamerger could benefit both companies and Elon Musk's personal fortune

The history of corporate mergers is littered with failure, but investors in Tesla and SpaceX seem to believe Elon Musk can pull off the biggest tie-up of all time.

Business

Judge orders Meta to pay $25 billion to New Mexico in Cambridge Analytica case

A New Mexico judge ruled Wednesday that Meta must pay $25 billion to the state after a jury found last month that the social media giant had deceived users in a case related to the Cambridge Analytica scandal, according to ...

Business

EU probes Booking.com over online fraud risks

The European Union opened an investigation into online travel agent Booking.com on Wednesday over alleged failures to tackle fake listings and phishing scams.

Business

Google Cloud outage hits UK banks

Online services for a number of U.K. banks in and around London were disrupted by a Google Cloud outage Tuesday.

Business

US bans use of China's DeepSeek by government agencies

The U.S. government on Monday ordered its agencies to stop using artificial intelligence tools from Chinese startup DeepSeek, as the countries race for dominance in the fast-moving sector.

Business

Expert examines what drives cryptocurrency returns

Dr. Matt Brigida, SUNY Poly professor of finance and chair of the Department of Accounting and Finance, is exploring the evolving relationship between cryptocurrency and traditional financial markets in his new paper, "Crypto ...

Business

Humanity's race to mimic the stars

For decades, nuclear fusion has been the physicist's dream: abundant, carbon-free power drawn from the same reaction that keeps the sun burning. Now it might be shifting from scientific ambition to industrial reality.

Business

When the algorithm determines wages

What happens when companies on digital labor platforms no longer decide for themselves how much to pay their workers, but leave this to learning algorithms? Researchers at TU Darmstadt, Bielefeld University and the Université ...

Business

AI can help make complex IPO filings easier to analyze

For investors trying to make sense of a company going public, one of the most important documents is often the most difficult to understand. Initial public offering (IPO) filings are dense disclosures submitted to the U.S. ...

Business

AI creates new jobs in over half of UK firms: Study

Artificial intelligence has created new jobs in more than half of UK firms, according to a study by British bank Lloyds released Tuesday, even as fears about its impact on employment grow.

Business

Twitch sparks gamers' wrath with Amazon AI sharing deal

Livestream gaming giant Twitch has raised hackles among its millions of users after declaring it will share their data with its parent company, Amazon, to better train the online retailer's AI models.

Business

French newspapers target Google over AI summaries

A federation of nearly 300 French newspapers said Tuesday that it filed a complaint with the country's competition authority over Google's new AI-generated search-result summaries, fearing the feature will erode traffic to ...